Bitcoin is Becoming a Global Currency - page 77.

Capradina

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Quote from: Deep In The Mines LLC on November 29, 2016, 04:56:17 PM

India is gravitating towards being a cashless society, I can see Bitcoin would gain a lot of traction in india during that time.

I suppose only one way to find out, shouldn't be too long now if they follow up with what their government said.

Bitcoin is probably going to be a problem if it's been a lot of bitcoin switch using bitcoin, due from the Government of india that may be less appropriate in the conduct of policy or decision. And there is the possibility of the Government even if it did block or prohibit bitcoin as payment or perhaps vice versa. It all could only happen if there are groups who want to fight in the growth of the bitcoin and may now have been many Indians use the bitcoin for every thing

Deep In The Mines LLC

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India is gravitating towards being a cashless society, I can see Bitcoin would gain a lot of traction in india during that time.

I suppose only one way to find out, shouldn't be too long now if they follow up with what their government said.

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Quote from: South Park on November 29, 2016, 04:48:28 PM

Quote from: Dudeperfect on November 27, 2016, 11:20:33 PM

Quote from: robiulawal on November 26, 2016, 11:21:37 AM

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.

That sound good but it is easier said than done since you will need to convince people to use bitcoin, the easiest way is for people to convince themselves that bitcoin is the right choice for them, that would take longer but the gains will be more representative of the actual growth of bitcoin.

We all believe its good idea but its very easy to say but very difficult to do because its need too much time and desire for this but most of peoples have no time for this so better done with media and some other ways much easier and good but its also need good amount of money

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Quote from: Dudeperfect on November 27, 2016, 11:20:33 PM

Quote from: robiulawal on November 26, 2016, 11:21:37 AM

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.

That sound good but it is easier said than done since you will need to convince people to use bitcoin, the easiest way is for people to convince themselves that bitcoin is the right choice for them, that would take longer but the gains will be more representative of the actual growth of bitcoin.

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Quote from: blackmachinegun on November 27, 2016, 06:09:34 PM

Quote from: ArdiPrabowo on November 25, 2016, 12:31:58 PM

iam agree you write
bitcoin can a global curency, but only digital curency not real curency
and bitcoin the first leading digital curency in the world, above in paypal user

yeah maybe for online currency bitcoin currency will dominate international online in the future, everyone will use bitcoin, but it could not compete fiat, bitcoin will remain an option for fiat

that's true as long fiat had its way to pay stuff on internet such as credit card or paypal then bitcoin will always be an alternate. as you know people around the world no matter the condition and where they're living will be always seeking the most simple and easiest way to done something
there's no strong reason for them to really use bitcoin for anything

arseaboy

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Quote from: danherbias07 on November 28, 2016, 12:50:39 AM

Quote from: freedomgo on November 27, 2016, 11:36:44 PM

Quote from: Dudeperfect on November 27, 2016, 11:20:33 PM

Quote from: robiulawal on November 26, 2016, 11:21:37 AM

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.

It's been already, we can transact online from people in different nation. I guess that simple act, we can call bitcoin as a global currency already.

Yes but the problem is the amouny of people who just know it. Example is if I want to send money in my relative in Italy but she doesnt know what bitcoin is so it wont help much. The main priority should on how to push it more to make other people see that bitcoin could help with their transactions.

Indeed mate. You still have to convert it into fiat first before sending it to someone. So that's why it's really important to introduce the world about bitcoin and that should start from us.. we have to influence others so that it will bring up the numbers of bitcoin users.

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Quote from: freedomgo on November 27, 2016, 11:36:44 PM

Quote from: Dudeperfect on November 27, 2016, 11:20:33 PM

Quote from: robiulawal on November 26, 2016, 11:21:37 AM

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.

It's been already, we can transact online from people in different nation. I guess that simple act, we can call bitcoin as a global currency already.

Yes but the problem is the amouny of people who just know it. Example is if I want to send money in my relative in Italy but she doesnt know what bitcoin is so it wont help much. The main priority should on how to push it more to make other people see that bitcoin could help with their transactions.

goldcoinminer

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Quote from: Goruno on November 27, 2016, 11:41:08 PM

I fully agree with you about this concept. it will be very trong crypto-symbol in the future
I always store 70% money of BTC as like as saving money

Wow, too aggressive but it's great if you can afford what you have invested. We have our own decision on how much we are willing to invest because we are the only one who can see the value of bitcoin and it's possibility to be more successful in the future.

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I fully agree with you about this concept. it will be very trong crypto-symbol in the future
I always store 70% money of BTC as like as saving money

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Quote from: Dudeperfect on November 27, 2016, 11:20:33 PM

Quote from: robiulawal on November 26, 2016, 11:21:37 AM

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.

It's been already, we can transact online from people in different nation. I guess that simple act, we can call bitcoin as a global currency already.

Dudeperfect

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Quote from: robiulawal on November 26, 2016, 11:21:37 AM

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.

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Quote from: blackmachinegun on November 27, 2016, 06:09:34 PM

Quote from: ArdiPrabowo on November 25, 2016, 12:31:58 PM

iam agree you write
bitcoin can a global curency, but only digital curency not real curency
and bitcoin the first leading digital curency in the world, above in paypal user

yeah maybe for online currency bitcoin currency will dominate international online in the future, everyone will use bitcoin, but it could not compete fiat, bitcoin will remain an option for fiat

Fiat will remain as being used by us whole wide world. But bitcoin is going to be a good way to be used as global currency as many people are already using this. Even though those 'many' are using it still a lot of people doesn't know bitcoin yet. But if they will see that bitcoin is a very convenient way of using for our transactions then bitcoin will surely be used globally.

blackmachinegun

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Quote from: ArdiPrabowo on November 25, 2016, 12:31:58 PM

iam agree you write
bitcoin can a global curency, but only digital curency not real curency
and bitcoin the first leading digital curency in the world, above in paypal user

yeah maybe for online currency bitcoin currency will dominate international online in the future, everyone will use bitcoin, but it could not compete fiat, bitcoin will remain an option for fiat

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Quote from: Wapinter on November 27, 2016, 04:44:13 PM

I have seen a lots of changes and major adoption in India in recent days.Now even politicians have started making reference to bitcoin which speaks a lot about bitcoin popularity.I am totally convinced that in next decade bitcoin will become mainstream currency

i heard about how fast bitcoin development currently in india ,
glad to hear all of that very good news ,
but how about bitcoin development/popularity in another places/countries ,
1 point have an impressive progress but another points have a very slow progress , this is a problem that can prevent bitcoin become a global currency i guess.

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Quote from: Wapinter on November 27, 2016, 04:44:13 PM

I have seen a lots of changes and major adoption in India in recent days.Now even politicians have started making reference to bitcoin which speaks a lot about bitcoin popularity.I am totally convinced that in next decade bitcoin will become mainstream currency

What will happen if bitcoin has become a mainstream currency ? Could it have now a fixed value or still a changing price day by day?

Wapinter

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I have seen a lots of changes and major adoption in India in recent days.Now even politicians have started making reference to bitcoin which speaks a lot about bitcoin popularity.I am totally convinced that in next decade bitcoin will become mainstream currency

Rinder

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For me bitcoin has becamed already a Global Currencie since the first transactions, after the huge investement over bitcoin we saw just a bit of its potencial being explored, looks like the race of gold, and in fact its similiar, even the price is about to be the same, just lets wait for those to happen. Sure USA, China, and some others countries has a lot adopters and supporters of bitcoin, allowing bitcoin to grow, but are able to see some others that hasnt the miners investment taking steps to make bitcoin something normal to have as use, as Sweden, Brazil and some others countries, where the merchants are allowing bitcoin.

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Quote from: South Park on November 27, 2016, 12:45:19 PM

Quote from: Senor.Bla on November 27, 2016, 08:11:49 AM

Quote from: ?? on ??

Quote from: Senor.Bla on November 27, 2016, 05:17:58 AM

Quote from: freedomgo on November 27, 2016, 12:30:06 AM

Quote from: outatime1 on November 26, 2016, 11:38:12 PM

I think bitcoin is big in China and India, as well as the US. There are lots of other countries where bitcoin is being used such as European countries, Australia, and South American Countries. I think it is worldwide but not used by a large percentage of people.

Seeing it's big in china and america is already a guarantee that bitcoin is going to last and be successful in the future. Small countries will just follow anyway.

that might be right. i mean the part about other counties following if bitcoin becomes a thing in the us and in china. but i do not think that bitcoin is a thing in the us or china right now. those are big countries and only a small percentage knows about bitcoin.

China does have a big percentage about most of miners are found there. So it is making China one of the biggest country who have the biggest number of users. And there are some exchanges that are based in the US so I guess that is making them followed by small countries who are becoming aspiring bitcoin followers also.

are many chines involved in bitcoin? the answer is yes if you look at the absolute numbers. but there live 1.4 billion people, so even if all of the bitcoin users, which should be around 2 million, where from china this would only be 0.7% of chines using bitcoin. do you really think something can be called a big thing if it is only used by 0.7%? i do not think so.

But you are comparing the number of users of bitcoin against the general population, a more fair comparison I think is, How many bitcoin users there are and how many of them are Chinese? For example if there are 5 million users of bitcoin and 2 million are Chinese then that means 40% of the users are Chinese which is a lot.

his statement was that bitcoin is big in china and bitcoin is big in the us. you would have a point if the question would be if the most bitcoin users are from us or china. but this is about bitcoin being big (or known or whatever you want to call it) in a country. and to see if some thing is big you need to check the percentage of people knowing about it. the number tell me that bitcoin is not big in any country.

South Park

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Quote from: Senor.Bla on November 27, 2016, 08:11:49 AM

Quote from: ?? on ??

Quote from: Senor.Bla on November 27, 2016, 05:17:58 AM

Quote from: freedomgo on November 27, 2016, 12:30:06 AM

Quote from: outatime1 on November 26, 2016, 11:38:12 PM

I think bitcoin is big in China and India, as well as the US. There are lots of other countries where bitcoin is being used such as European countries, Australia, and South American Countries. I think it is worldwide but not used by a large percentage of people.

Seeing it's big in china and america is already a guarantee that bitcoin is going to last and be successful in the future. Small countries will just follow anyway.

that might be right. i mean the part about other counties following if bitcoin becomes a thing in the us and in china. but i do not think that bitcoin is a thing in the us or china right now. those are big countries and only a small percentage knows about bitcoin.

China does have a big percentage about most of miners are found there. So it is making China one of the biggest country who have the biggest number of users. And there are some exchanges that are based in the US so I guess that is making them followed by small countries who are becoming aspiring bitcoin followers also.

are many chines involved in bitcoin? the answer is yes if you look at the absolute numbers. but there live 1.4 billion people, so even if all of the bitcoin users, which should be around 2 million, where from china this would only be 0.7% of chines using bitcoin. do you really think something can be called a big thing if it is only used by 0.7%? i do not think so.

But you are comparing the number of users of bitcoin against the general population, a more fair comparison I think is, How many bitcoin users there are and how many of them are Chinese? For example if there are 5 million users of bitcoin and 2 million are Chinese then that means 40% of the users are Chinese which is a lot.

Senor.Bla

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Quote from: ?? on ??

Quote from: Senor.Bla on November 27, 2016, 05:17:58 AM

Quote from: freedomgo on November 27, 2016, 12:30:06 AM

Quote from: outatime1 on November 26, 2016, 11:38:12 PM

I think bitcoin is big in China and India, as well as the US. There are lots of other countries where bitcoin is being used such as European countries, Australia, and South American Countries. I think it is worldwide but not used by a large percentage of people.

Seeing it's big in china and america is already a guarantee that bitcoin is going to last and be successful in the future. Small countries will just follow anyway.

that might be right. i mean the part about other counties following if bitcoin becomes a thing in the us and in china. but i do not think that bitcoin is a thing in the us or china right now. those are big countries and only a small percentage knows about bitcoin.

China does have a big percentage about most of miners are found there. So it is making China one of the biggest country who have the biggest number of users. And there are some exchanges that are based in the US so I guess that is making them followed by small countries who are becoming aspiring bitcoin followers also.

are many chines involved in bitcoin? the answer is yes if you look at the absolute numbers. but there live 1.4 billion people, so even if all of the bitcoin users, which should be around 2 million, where from china this would only be 0.7% of chines using bitcoin. do you really think something can be called a big thing if it is only used by 0.7%? i do not think so.

Topic: Bitcoin is Becoming a Global Currency - page 77. (Read 226404 times)